In yesterday’s Wall Street session, LifeStance Health Group Inc (NASDAQ:LFST) shares traded at $5.50, down -4.35% from the previous session.
LFST stock price is now -5.36% away from the 50-day moving average and -13.17% away from the 200-day moving average. The market capitalization of the company currently stands at $2.10B.
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With the price target of $7, Barclays recently initiated with Underweight rating for LifeStance Health Group Inc (NASDAQ: LFST). On May 15, 2023, TD Cowen Downgraded its previous ‘Outperform’ rating to ‘Market Perform’ on the stock increasing its target price from $8 to quote $9, while ‘Morgan Stanley’ rates the stock as ‘Overweight’
In other news, Qureshi Danish J., insider sold 150,000 shares of the company’s stock on Jun 14 ’24. The stock was sold for $781,515 at an average price of $5.21. Upon completion of the transaction, the insider now directly owns 439,002 shares in the company, valued at $2.41 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 12 ’24, Pardo Ryan sold 61,508 shares of the business’s stock. A total of $332,143 was realized by selling the stock at an average price of $5.40. This leaves the insider owning 746,439 shares of the company worth $4.11 million. A total of 70.92% of the company’s stock is owned by insiders.
During the past 12 months, LifeStance Health Group Inc has had a low of $4.64 and a high of $9.50. As of last week, the company has a debt-to-equity ratio of 0.35, a current ratio of 1.18, and a quick ratio of 1.18. The fifty day moving average price for LFST is $5.7836 and a two-hundred day moving average price translates $6.3275 for the stock.
The latest earnings results from LifeStance Health Group Inc (NASDAQ: LFST) was released for 2024-03-31. The net profit margin was -15.69% and return on equity was -11.80% for LFST. The company reported revenue of $300.44 million for the quarter, compared to $252.59 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 18.94 percent.
